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       Brazilian government signs new bill to foster growth for country's
       devs
        
 (HTM) Source
        
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       A new bill in Brazil has redefined video games in the country in an
       effort to grow its slice of the game industry. As spotted by
       GamesIndustry, the Legal Framework for Game bill was first lobbied in
       part by games trade body Abragames in 2022.
        
       The bill was signed last week by President Luiz Inácio Lula da Silva
       and will chiefly "foster sector growth [and] create jobs," wrote
       senator Leila Barros. She and fellow senator Flávio Arns helped lobby
       the bill alongside Abragames, Brazilian studios, and regional
       associations.
        
       Barros went on to say the new bill will give the Brazilian game
       industry "more visibility and legal certainty." Outside of games, she
       hopes the bill will "combat illicit activities and reduce tax
       burdens."
        
       A recent study conducted by Abragames and ApexBrazil found that the
       number of Brazilian studios rose by 3.2 percent in 2023. As of 2022,
       an estimated 13,225 developers operated out of Brazil.
        
       Such Brazilian developers include Chroma Squad maker Behold Studios,
       Coffee Addict Studio (Hazel Sky), and Wildlife Studios (Midas Merge).
        
       That number may grow further in June when Gamescom's summer event
       launches in São Paulo. Known as Gamescom Latam, Brazil was noted as an
       "exciting emerging market" at the time of the reveal.
        
       Abragames president Rodrigo Terra built on that claim, saying the bill
       will "[let] the country to be truly recognized for its enormous
       potential in this crucial segment of the creative industry."
        
       Along with drumming up more business opportunities and "generating
       greater regional and federal support for studios," Terra wants the
       bill to lead to the creation of a games-specific National
       Classification of Economic Activities (NCAE).
        
        
        
        
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